Technical tests of Iasi-Ungheni gas pipeline launched – Romania, 30 July 2020

Romanian natural gas transmission system operator Transgaz the technical tests on the Iasi-Ungheni-Chisinau gas pipeline that would facilitate the exports of Romanian natural gas to Moldova. The segment of the pipeline on Moldovan territory, Ungheni-Chisinau, has been built earlier and will be op Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

OMV Petrom sues ANRE over obligation to sell gas at capped price on the exchange – Romania, 29 July 2020

Largest Romanian oil and gas company OMV Petrom filed a lawsuit asking for the cancellation of the order issued by the National Energy Regulatory Authority (ANRE) in May, which forces the company to comply to new gas supply obligations on stock exchanges at capped starting price, the so-called gas r Full article available for subscribers […]

OMV won ICC case against Romania – Romania, 29 July 2020

Austrian OMV Group, which owns the largest Romanian oil and gas company OMV Petrom, has won a lawsuit against Romanian Ministry of Environment, filed at the International Chamber of Commerce (ICC) in Paris (ICC). The ICC’s Arbitral Tribunal ruled on 9 July that Romania must pay 59 million euros i Full article available for subscribers […]